CBRE is pleased to present Goodstart Early Learning Cowra located at 2 Binni Creek Road, Cowra NSW 2794 to the market for sale via Portfolio Auction 189.

The property has the following investment highlights:

+ Long twenty (20) year net lease to Goodstart Early Learning to 2040, plus one further ten (10) year option to 2050
+ Goodstart Early Learning: Australia’s largest early education provider, with a network of 670+ centres nationally, employing 16,000 staff and generating a revenue of $1.51 billion*
+ Landlord-favourable net lease terms, with Goodstart Early Learning responsible for 100% of outgoings as per the lease
+ Land tax-free commercial investment (NSW childcare centres are exempt from land tax)
+ Compounding greater of CPI or fixed 1.5% annual rental increases over the remaining 14-year lease term delivering long-term income growth
+ Current rental below market ($2,464 / place) with uncapped market reviews offering future income growth potential
+ Recent tenant-funded $700,000 refurbishment illustrating strong commitment to the location
+ Strong-trading childcare centre with the tenant having exercised its option four years early, illustrating Goodstart Early Learning’s commitment to and strength in the area
+ 3,622sqm* landholding positioned in a prime schooling catchment, with 6 schools within a 5-minute drive, combining to support 1,700+ full-time students^
+ Undersupplied childcare catchment: situated in an undersupplied childcare area with a ratio of 3.2 children per place (0-5 years), offering strong operational security^
+ Long-established childcare centre licenced for 90 LDC places with history of strong occupancy, surrounded by an abundance of national retailers, including Coles, Woolworths, ALDI & McDonalds
+ Cowra: key Central West NSW regional centre strategically positioned at the intersection of three state highways (Mid-Western Highway, Olympic Highway and Lachlan Valley Way)
+ Net Income: $221,844 pa* + GST

To be sold via Investment Portfolio Auction 189
10:30am (AEST) Tuesday 8 December 2026
Yallamundi Rooms, Sydney Opera House

^GapMaps